Wednesday, October 20, 2010

Natural gas outlook: Cheap and plentiful - Business - TheState.com

Associated Press, October 10, 2010


Natural gas, which had traded at about $2 per 1,000 cubic feet in the 1990s, hit nearly $15 in 2005. It is now about $3.50, driven lower by reduced industrial power demand and rising production by drillers who are learning to make a profit from shale gas at ever lower prices.


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